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Last Article Uploaded: Friday, May 3rd, 6:34PM

Mortgages
Mortgage Rates Daily Commentary
Thursday 2 May 2024  Add your comment
Adviser's share of BNZ's new lending dipped; Mortgage arrears up and still rising slowly

Mortgage advisers accounted for slightly less of Bank of New Zealand's new mortgages in the six months ended March compared with the previous September half year , but adviser share of the overall portfolio continues to grow. [READ ON]

Mortgage arrears continue to climb from recent lows and are expected to rise 0.7% by the end of the year, up from 0.5%, the Reserve Bank’s latest Financial Stability Report shows. [Find out]

 

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